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Thread: Solyndra to Declare Bankruptcy

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    Re: Solyndra to Declare Bankruptcy

    The American people aren't being forced to use solar panels.
    I'm already gearing up for Finger Vote 2014.

    Just for reference, means my post was a giant steaming pile of sarcasm.

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    Re: Solyndra to Declare Bankruptcy

    Quote Originally Posted by j-mac View Post
    The only way you are going to get private money in real terms getting into these energy schemes, is if liberal policy of artificially choking off domestic supply of oil, and ability to produce it is abandoned. This is transparent.

    j-mac
    Transparently mindless...
    This hypothetical situation is tripe and belongs in the conspiracy forum.

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    Re: Solyndra to Declare Bankruptcy

    Quote Originally Posted by TacticalEvilDan View Post
    1 out of 4 restaurants fail or change hands in the first year, and 3 out of 5 do so within the first 3 years. How come someone isn't picking on the spectacular failure of one particular restaurant and extrapolating that as proof that the industry is doomed?
    I am not sure to whom you are speaking, but I have never suggested that the alternative energy industry is doomed with or without failures. I don't believe that any industry should recieve Federally guaranteed loans or subsidies. Restaurants don't receive the loans or subsidies and nor should a manufacturer of solar panels.

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    Re: Solyndra to Declare Bankruptcy

    Quote Originally Posted by TacticalEvilDan View Post
    The American people aren't being forced to use solar panels.
    This is correct. If the loan to a solar panel manufacturer is guaranteed by the Federal Government and the manufacturer fails on the loan, the American people are picking up that tab.

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    Re: Solyndra to Declare Bankruptcy

    Quote Originally Posted by LesGovt View Post
    I am not sure to whom you are speaking
    Absolutely nobody in particular, it was just food for thought.

    Quote Originally Posted by LesGovt View Post
    I have never suggested that the alternative energy industry is doomed
    I never said you did -- but many here on this forum have.

    Quote Originally Posted by LesGovt View Post
    Restaurants don't receive the loans or subsidies
    You might want to check with the U.S. Small Business Administration before you say that again.
    I'm already gearing up for Finger Vote 2014.

    Just for reference, means my post was a giant steaming pile of sarcasm.

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    Re: Solyndra to Declare Bankruptcy

    Quote Originally Posted by j-mac View Post
    The only way you are going to get private money in real terms getting into these energy schemes, is if liberal policy of artificially choking off domestic supply of oil, and ability to produce it is abandoned. This is transparent.

    j-mac
    Scarcity will choke off supply on its own in coming decades. In my opinion, funding the discovery and development of whatever comes next should be a national priority.

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    Re: Solyndra to Declare Bankruptcy

    Quote Originally Posted by LesGovt View Post
    This is correct. If the loan to a solar panel manufacturer is guaranteed by the Federal Government and the manufacturer fails on the loan, the American people are picking up that tab.
    Are you for the cessation of any government assistance to any private business whatsoever? How about the purchase of services from private business?
    I'm already gearing up for Finger Vote 2014.

    Just for reference, means my post was a giant steaming pile of sarcasm.

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    Re: Solyndra to Declare Bankruptcy

    Quote Originally Posted by TacticalEvilDan View Post
    Are you for the cessation of any government assistance to any private business whatsoever? How about the purchase of services from private business?
    The answer to your first question is yes. The answer to your second question is that someone has to sell products and services to the government. That is an appropriate business practice and is far different from guaranteed loans or subsidies.

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    Re: Solyndra to Declare Bankruptcy

    Quote Originally Posted by TacticalEvilDan View Post
    You might want to check with the U.S. Small Business Administration before you say that again.
    Ah, they might arrange for a small business loan. Good correction. Are those loans guaranteed by the Federal Government? Does the government make the loans or are they made through banks or other financial institutions? Again, my belief is that the Federal Government should not be making or guaranteeing loans for businesses, start-ups or otherwise.

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    Re: Solyndra to Declare Bankruptcy

    Quote Originally Posted by LesGovt View Post
    I am saying that reducing carbon emissions may not reduce global warming. Again, we had global warming in the past and we did not use fossil energy when that occurred. If we were to eliminate our use of fossil fuels and replaced them with alternative energy, we would be in a situation similar to the one that existed the last time we had global warming.
    That isn't how it works. It isn't binary like there is either global warming or no global warming. The more factors causing the earth to heat up, the more it will heat up. At this point, no matter what we do, we're realistically going to keep increasing our emissions for the foreseeable future. If we do nothing to limit emissions, it will increase faster. The more we limit emissions the less it will increase. If we really are at a point in history where it is going to increase from natural causes, then that is all the more reason we need to limit emissions to soften the blow.

    Quote Originally Posted by LesGovt View Post
    Why would it take 20+ years for solar to become profitable. It is in use now and has been for decades. Why can't it make a profit after this amount of time?
    Because oil is currently cheap. It won't always be. And there are scientific breakthroughs happening all the time that make solar cheaper.

    Quote Originally Posted by LesGovt View Post
    Really? When Ford built the assembly line, he had to put in the equipment, hire people and had to purchase or have made all of the various parts that went into his automobile. He invested a ton before he ever made a profit. I doubt profitability was rapid.
    Certainly a lot more rapid than things that take 20+ years of R&D before they are commercially viable.

    Quote Originally Posted by LesGovt View Post
    Here is a timeline on the development of the computer. Private industry began the development and then the military asked for items that computers would do, but work was performed by private companies. It is one thing to make products for the government and quite another to receive guaranteed loans to develop a product.
    Whether the government is buying the product and stimulating development or giving out loans to stimulate development doesn't really matter to me as long as it is getting done. The effect is the same either way. Besides, a lot of those things listed there are either government agencies or funded by research grants. I'm not saying the only development of green energy should be driven by government loans or something. Certainly private industry should continue to take the lead. But government boosting it makes sense to me. It's a good investment for the nation economically.

    Quote Originally Posted by LesGovt View Post
    Again, I believe that we can continue to develop alternative energy sources and expand the production of oil and gas. That is a balanced approach. That approach holds down costs, provides sufficient domestic energy, and gets us to the future without needless losses.
    "Expanding production" is just a name for using the finite supply up faster. We need to be looking for ways to slow our consumption, not increase it.

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